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Fiat/PSA's dominance in small vans hangs up EU's merger approval

BRUSSELS — EU antitrust regulators are concerned about Fiat Chrysler and Peugeot / PSA's combined high market share in small vans and may require concessions to clear their $50 billion merger, people familiar with the matter said. The companies, which are seeking to create the world's fourth biggest carmaker, were told of the European Commission's concerns last week. If Fiat and PSA fail to dispel the European Commission's doubts in the next two days and subsequently decline to offer concessions by Wednesday, the deadline for doing so, the deal would face a four-month-long investigation. The EU competition enforcer, which has set a June 17 deadline for its preliminary review, declined to comment. Fiat was not immediately available for comment while PSA had no immediate comment. Hiving off overlapping businesses, usually a regulatory demand to ensure more competition, could prove tricky for the carmakers because of the technicalities. Fiat and PSA are looking to merge to help offset slowing demand and shoulder the cost of making cleaner vehicles to meet tougher emissions regulations. The deal puts under one roof the Italian carmaker's brands such as Fiat, Jeep, Dodge, Ram, Maserati and the French company's Peugeot, Opel and DS. Related Video: Government/Legal Chrysler Dodge Fiat Jeep Maserati RAM Citroen Opel Peugeot

2019 Ram 1500 Kentucky Derby Edition is for the equine inclined

Though the 2019 Ram 1500 was just revealed in January, Ram has already been introducing specialty versions of the truck, including the Texas-only Lone Star model and the Canada-only Sport model. This newest special edition won't be restricted by region, but it will be limited to just 2,000 examples, and it will probably be snapped up by horse fans. It's the Ram 1500 Kentucky Derby Edition. View 8 Photos The truck is basically a Ram 1500 Limited, but it has a few options included as standard. Among them are the body-colored front and rear bumpers. Inside, the rear reclining seats also pick up ventilation, allowing front and rear passengers to all enjoy the optimum temperatures for their respective backsides. The key exclusive visual tweak is the addition of the Kentucky Derby logo on the rear fenders, making it obvious what version of Ram you have, along with a hint as to what your hobby or career is focused on. The truck is available now, and can be had in two- or four-wheel-drive. The largest Crew Cab with the 5-foot 7-inch bed is the only body configuration available, but six colors can be selected. The base price is $54,835. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Ram teases a new way to get off the beaten path

File this under "What do we have here?" The Ram Trucks Twitter account posted a 15-second video teasing... well, we have no idea what it is, but it's coming this month. The word "Hiking" appears twice in the video of two hikers coming to a fork in a dirt road, where a sign reads, "Caution, unpaved trail ahead." After that, we're only told that "Life's more fun off the beaten path. An exciting new way to get there is coming soon!" Now you know what we know. But if you happen to know more, feel free to give us some clues in Comments. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. News Source: Ram Trucks via Twitter, World Car Fans RAM Truck Videos